Bock Mortgage Group - Michael Bock and Theresa NeSmith

Michael Bock May 31, 2024

The Difference Between Prime and Subprime Mortgages

Understanding the difference between prime and subprime mortgages is essential for anyone entering the world of home financing. Prime mortgages are tailored for individuals with exemplary credit scores and stable financial profiles, offering them lower interest rates and more favorable loan conditions.

Michael Bock May 30, 2024

Energy Efficient Mortgage (EEM) Programs – The Green Loan

Are you dreaming of owning a home that not only suits your lifestyle but also helps you save on energy bills? Well, it might sound like a dream, but with Energy Efficient Mortgage (EEM) programs, it’s entirely within reach.

Michael Bock May 29, 2024

Understanding The Advantages and Risks Of Wraparound Mortgages

These days real estate transactions have become more and more creative with financing solutions that often emerge to meet the diverse needs of buyers and sellers.

Michael Bock May 28, 2024

What’s Ahead For Mortgage Rates This Week – May 28th, 2024

The Consumer Sentiment Report was the sole important report to take place the prior week, keeping with the trend of the cooling off period that happens the weeks following the CPI and PPI data releases.

Michael Bock May 24, 2024

Understanding the Differences Between Construction Loans and Mortgages

Construction loans and mortgages are two important tools in the world of real estate financing. They each have specific purposes and come with their own set of rules and requirements. These differences cater to various needs when it comes to buying or building properties.

Michael Bock May 23, 2024

Making Mortgage Decisions: Online Lenders vs. Traditional Banks

The options for securing a mortgage have expanded beyond the brick-and-mortar banks to include online lenders. With this diversity comes a crucial decision for homebuyers: should you opt for the convenience of online lenders or stick with the familiarity of traditional banks? Let’s explore the pros and cons of both options to help you make an informed decision.